ARGX vs. BMY: argenx vs. Bristol-Myers Squibb Stock Comparison
How do argenx (ARGX) and Bristol-Myers Squibb (BMY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
argenx (ARGX) and Bristol-Myers Squibb (BMY) both fall under the Pharmaceuticals, Biotechnology & Life Sciences industry group, but ARGX is classified in Biotechnology while BMY is classified in Pharmaceuticals.
Bristol-Myers Squibb (BMY) trades as ordinary local shares, while argenx (ARGX) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | ARGX | BMY |
|---|---|---|
| Name | argenx SE American Depositary Receipt | Bristol-Myers Squibb Company |
| Country/Region | Netherlands | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Pharmaceuticals, Biotechnology & Life Sciences | Pharmaceuticals, Biotechnology & Life Sciences |
| GICS Industry | Biotechnology | Pharmaceuticals |
| GICS Sub-Industry | Biotechnology | Pharmaceuticals |
| Market Capitalization | 58.31 billion USD | 127.02 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | May 18, 2017 | June 1, 1972 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ARGX | BMY |
|---|---|---|
| Total Return (1Y) | 11.91% | 38.62% |
| Total Return (3Y, Annualized) | 25.68% | 12.29% |
| Total Return (5Y, Annualized) | 24.22% | 5.09% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Bristol-Myers Squibb (BMY) is heavily traded at around 10.85M shares per day, whereas argenx (ARGX) sees a more moderate 359.84K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | ARGX | BMY |
|---|---|---|
| Volatility (1Y, Annualized) | 37.87% | 28.01% |
| Beta (5Y) | 0.45 | 0.19 |
| Max Drawdown (5Y) | -38.20% | -47.67% |
| Avg. Volume (3M) | 359.84K | 10.85M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ARGX | BMY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.20 | 1.23 |
| Sortino Ratio (1Y) | 0.31 | 1.95 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Bristol-Myers Squibb (BMY) earns 44.01% on shareholders’ equity, ranked against its industry; argenx (ARGX) has no ROE this period.
ARGX
Pharmaceuticals, Biotechnology & Life Sciences industry group
--
- Max
- 109.18%
- Q3
- 6.23%
- Median
- -26.66%
- Q1
- -64.05%
- Min
- -167.77%
- ARGX
- --
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
44.01%
- Max
- 109.18%
- BMY
- 44.01%
- Q3
- 6.23%
- Median
- -26.66%
- Q1
- -64.05%
- Min
- -167.77%
Net Margin (TTM)
Both argenx (ARGX) at 31.73% and Bristol-Myers Squibb (BMY) at 18.47% keep an unusually large share of revenue as bottom-line profit — each net margin clears its industry’s benchmark range.
ARGX
Pharmaceuticals, Biotechnology & Life Sciences industry group
31.73%
- ARGX
- 31.73%
- Max
- 18.05%
- Q3
- 4.78%
- Median
- 0.00%
- Q1
- -4.14%
- Min
- -17.05%
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
18.47%
- BMY
- 18.47%
- Max
- 18.05%
- Q3
- 4.78%
- Median
- 0.00%
- Q1
- -4.14%
- Min
- -17.05%
Operating Margin (TTM)
Both argenx (ARGX) at 36.27% and Bristol-Myers Squibb (BMY) at 33.79% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
ARGX
Pharmaceuticals, Biotechnology & Life Sciences industry group
36.27%
- Max
- 83.12%
- ARGX
- 36.27%
- Q3
- 14.77%
- Median
- 0.00%
- Q1
- -78.82%
- Min
- -207.40%
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
33.79%
- Max
- 83.12%
- BMY
- 33.79%
- Q3
- 14.77%
- Median
- 0.00%
- Q1
- -78.82%
- Min
- -207.40%
Profitability Metrics
| Metric | ARGX | BMY |
|---|---|---|
| ROE (TTM) | -- | 44.01% |
| ROA (TTM) | -- | 10.90% |
| Net Margin (TTM) | 31.73% | 18.47% |
| Operating Margin (TTM) | 36.27% | 33.79% |
| Gross Margin (TTM) | 59.84% | 70.50% |
Growth
Revenue Growth
argenx (ARGX) at 89.64% sits in the top revenue growth quartile, while Bristol-Myers Squibb (BMY) at -0.22% is closer to the peer norm — faster top-line expansion for ARGX.
EPS Growth
Only one side can be read here: argenx (ARGX) reports EPS growth of 53.13%, ranked against its industry; Bristol-Myers Squibb (BMY) has no EPS growth figure this period.
Growth Metrics
| Metric | ARGX | BMY |
|---|---|---|
| Revenue Growth (YoY) | 89.64% | -0.22% |
| Revenue Growth (3Y CAGR) | 116.25% | 1.45% |
| EPS Growth (YoY) | 53.13% | -- |
| EPS Growth (3Y CAGR) | -- | 5.46% |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: Bristol-Myers Squibb (BMY) shows current ratio of 1.59 against its industry benchmark, while argenx (ARGX) has no reading this period.
ARGX
Pharmaceuticals, Biotechnology & Life Sciences industry group
--
- Max
- 25.13
- Q3
- 12.13
- Median
- 5.52
- Q1
- 2.47
- Min
- 0.10
- ARGX
- --
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.59
- Max
- 25.13
- Q3
- 12.13
- Median
- 5.52
- Q1
- 2.47
- BMY
- 1.59
- Min
- 0.10
Debt / Equity (MRQ)
argenx (ARGX) at 0.01 keeps leverage in the lower quartile, while Bristol-Myers Squibb (BMY) at 1.91 is above its industry debt-to-equity ratio range.
ARGX
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.01
- Max
- 1.42
- Q3
- 0.65
- Median
- 0.15
- Q1
- 0.02
- ARGX
- 0.01
- Min
- 0.00
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.91
- BMY
- 1.91
- Max
- 1.42
- Q3
- 0.65
- Median
- 0.15
- Q1
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | ARGX | BMY |
|---|---|---|
| Current Ratio (MRQ) | -- | 1.59 |
| Debt / Equity (MRQ) | 0.01 | 1.91 |
| Net Debt / EBITDA | -2.70 | 1.77 |
Dividends
Dividend Yield (TTM)
argenx (ARGX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bristol-Myers Squibb (BMY) reports a yield of 3.99%, ranking against industry peers normally.
ARGX
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.00%
- ARGX
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
3.99%
- BMY
- 3.99%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
argenx (ARGX) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bristol-Myers Squibb (BMY) reports a payout of 55.88%, ranking against industry peers normally.
ARGX
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.00%
- ARGX
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
55.88%
- BMY
- 55.88%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ARGX | BMY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 3.99% |
| Dividend Payout Ratio (TTM) | 0.00% | 55.88% |
Valuation
P/E Ratio (TTM)
Both argenx (ARGX) at 32.12 and Bristol-Myers Squibb (BMY) at 13.78 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
ARGX
Pharmaceuticals, Biotechnology & Life Sciences industry group
32.12
- Max
- 85.34
- Q3
- 43.46
- ARGX
- 32.12
- Median
- 26.69
- Q1
- 13.30
- Min
- 0.07
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
13.78
- Max
- 85.34
- Q3
- 43.46
- Median
- 26.69
- BMY
- 13.78
- Q1
- 13.30
- Min
- 0.07
P/S Ratio (TTM)
Bristol-Myers Squibb (BMY) at 2.54 sits in the cheaper P/S ratio quartile while argenx (ARGX) at 9.86 prices around its industry’s middle — BMY costs less per dollar of sales, though read it alongside growth and margins.
ARGX
Pharmaceuticals, Biotechnology & Life Sciences industry group
9.86
- Max
- 58.18
- Q3
- 25.77
- ARGX
- 9.86
- Median
- 7.30
- Q1
- 3.01
- Min
- 0.01
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
2.54
- Max
- 58.18
- Q3
- 25.77
- Median
- 7.30
- Q1
- 3.01
- BMY
- 2.54
- Min
- 0.01
P/B Ratio (MRQ)
Bristol-Myers Squibb (BMY) at 5.43 sits near its industry’s typical P/B ratio, while argenx (ARGX) at 172.23 prices above its benchmark range — ARGX looks rich relative to book.
ARGX
Pharmaceuticals, Biotechnology & Life Sciences industry group
172.23
- ARGX
- 172.23
- Max
- 13.53
- Q3
- 6.54
- Median
- 3.25
- Q1
- 1.69
- Min
- -5.59
BMY
Pharmaceuticals, Biotechnology & Life Sciences industry group
5.43
- Max
- 13.53
- Q3
- 6.54
- BMY
- 5.43
- Median
- 3.25
- Q1
- 1.69
- Min
- -5.59
Valuation Metrics
| Metric | ARGX | BMY |
|---|---|---|
| P/E Ratio (TTM) | 32.12 | 13.78 |
| P/S Ratio (TTM) | 9.86 | 2.54 |
| P/B Ratio (MRQ) | 172.23 | 5.43 |
| Free Cash Flow Yield (TTM) | -- | 5.01% |